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Floating Home Market August 2018 Update

It has been an unusual year for floating homes and houseboats! While we’ve had a strong year for listings with 47 so far (though it was a slow start), only 12 have sold. However, in the last week we’ve seen a handful go pending so we now have 7 pending. Some notable recent activity:

Typically we see that floating homes are overpriced and take much longer to sell as compared to regular homes but as summer winds down I expect we’ll start to see more price reductions as sellers acknowledge if they don’t sell by end of September, the chances of them selling this year will be slim.